51-53 High Street, Sutton, Surrey, SM1 1DT
£192.96 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
6,219 sq ft
578 sq m
- SECTOR
Residential development for sale
Key features
- Greater London freehold with extensive development potential
- Prime, pedestrianised, High Street location
- Potential for residential conversion and new build, retaining retail
- Seven flat development concept
- Lloyds Bank PLC covenant on recently renewed lease, securing £83,500 pax rent until March 2028
- Lloyds has had a tenancy since 1987
- 51 and 53 High Street is under a single title, let on a single FRI lease
- Potential to reconfigure to self-contained ground floor commercial
Description
On the basis of the building's layout - but subject to investigation by purchasers - there is potential to convert the upper parts and some of the ground floor rear into residential accommodation, while retaining a retail space, along with further potential for vertical extension to the rear of the property, increasing the mass. In the interim, Lloyds' lease offers £83,500 pax rent until March 2028.
Conceptual plans for remodelled GF retail space plus seven flats across GF, 1F and 2F are set out, on a no-liability basis, for consideration and investigation by purchasers.
Energy Performance Certificates
EPC CertificateBrochures
51-53 High Street, Sutton, Surrey, SM1 1DT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Sutton (Surrey) Station0.1 miles
- West Sutton Station0.6 miles
- Sutton Common Station0.9 miles
Notes
Disclaimer - Property reference 15617FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SHW, Brighton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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